Two of you called me this week about doing financing for prospects with mobile homes.

Let me clarify:

If your client has a modular home, that is considered a single family residence and be treated as such doing a hard money or traditional property loan.

If it is a mobile home it isn't. How to determine that....a mobile home has a VIN - Vehicle Identification Number. A modular home doesn't have a VIN

A mobile home may have axles and may have had wheels.

Again a modular home doesn't.

Anyone who calls and says they have a mobile, alway ask if it has a VIN.

That will determine if you can help them or not.

Reach out if you need any help.